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You have just purchased $1,000,000 in face value of the February 15, 2049 3.00% Treasury bond at an agreed upon price of 116.086 to settle
You have just purchased $1,000,000 in face value of the February 15, 2049 3.00% Treasury bond at an agreed upon price of 116.086 to settle on October 22, 2019. The bond pays interest twice a year on February 15 and August 15.
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Face value of bond 1000000 Coupon rate 3 Coupon payment 003 1000000 30000 s...
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
